The Latest Breaking News from Tax Cuts

The Prime Minister is in a crisis entirely of her own making and deserves no sympathy - she must ditch her unfunded tax cuts for the wealthy and swallow her pride

Critics believe the Prime Minister has three options: U-turn and cut spending, U-turn on tax cuts, or keep going and drive the economy off a cliff. Some of the answers may lie in the detail

From fracking, windfall taxes and tax cuts to Britain's relationship with Emmanuel Macron, Liz Truss is no stranger to a change of heart - and there's plenty more to come from the flip-flopping PM

Mel Stride, who chairs the influential Treasury Select Committee, says he is among those who expects Chancellor Kwasi Kwarteng will have to row back further when he announces full financial plans

Labour leader Keir Starmer probed the Prime Minister in the House of Commons on her mini-budget which sent the markets into turmoil due to unfunded tax cuts.

‘Tax cuts to mums for having kids is completely pointless and actually just insulting when we have the second most expensive childcare system, and the third worst maternity pay in Europe,’ campaigner says

A federal Resolve poll for Nine newspapers, conducted October 5-9 from a sample of 1,604, gave Labor 39% of the primary vote (steady since September), the Coalition 30% (down two), the Greens 12% (up two), One Nation 5% (down one), the UAP 3% (up one), independents 9% (up one) and…

Sterling falls more than a cent to below $1.10 after Andrew Bailey tells pension firms they have ‘got to get this done’

Exclusive: Staffers told to undertake line-by-line scrutiny to see if changes are needed